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Today is Mars Trine Uranus...

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#1 blustar

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Posted 28 August 2019 - 01:25 PM

Today is Mars trine Uranus and failing here.  Mars trine Uranus couldn't get it up to the top of the band, which it looks now we easily could have a large sell-off Thursday. Today geo high, tomorrow helio low (4 TD low EOD), 30th (Sept 3) geo top.


The recent rally made an irregular bottom with POS D's, so we have [a] then [b] today and [c] to come to the down side.
 
This makes this a part of wave (y) of Y but with but wave (y) a "w" wave which means we go down to a lower bottom (x) then "y" of (y) of Y into Sept 3 which is 7 TD's from last Thursday's high (8-1).
 
This portends Wave Z to go down a-b-c into Sept 10 (near the Bradley Sept 9 low) which is also 25 TD's from the 10 week low (50 TD Low) on Aug 5.  The 15/35 week part is where the crash occurs! This puts the 40 week low out to Oct 15.
 
The 16 TD lows run 11-14-11 or 16-5, 16-2, 16-5.  Tomorrow's low should take out 2835 and form wave (x) of a w-x-y inverted bear formation, then "y" of (y) of Y to 2949.50 area (.618 Retrace) where we have the symmetry on the bear flag.  There might be a gap up Thursday, I'm not sure, but if so it will be a sell. 
 
Sept 3-5 wave [a] Sept, Sept 6 Wave [b], wave [c] of Z Sept 10.
 
This is one of the most difficult e-wave scenarios I've seen, in fact the most difficult.  I had to bring out the original works of RN Elliott to see if I could be correct.
 
The next Bradley is Sept 13 and is the normal 3 TD run up off a low of this type, so this fits.
 
I'm doing a chart as I speak and will post it on my blog later.

Edited by blustar, 28 August 2019 - 01:29 PM.

Blessings,

 

blu

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#2 OEXCHAOS

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Posted 28 August 2019 - 02:01 PM

I don't think you ever want anything trine Uranus.


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#3 alexnewbee

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Posted 28 August 2019 - 02:07 PM

I disagree, we go up tomorrow.


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#4 gismeu

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Posted 28 August 2019 - 07:08 PM

I don't think you ever want anything trine Uranus.


Why? You don’t like surprises?

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#5 blustar

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Posted 28 August 2019 - 09:10 PM

Mars trine Uranus is very negative after a rally and we also have Mercury ingressing into Virgo tonight revisiting last Friday's action except this time I think we open up SPX 4 to 2892 then drop into early the 30th to 2794 on the new moon.  I have a huge rally 8/30 to 9/3 above 2943 and then down [a] into Sept 5, up into the 9th [b] then down into the 11th [c] of C of (X).

 

New charts on my blog.


Edited by blustar, 28 August 2019 - 09:11 PM.

Blessings,

 

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#6 blustar

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Posted 28 August 2019 - 09:10 PM

I disagree, we go up tomorrow.

 

I'll take you up on a gentlemans' bet!


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#7 alexnewbee

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Posted 28 August 2019 - 11:49 PM

I disagree, we go up tomorrow.

 
I'll take you up on a gentlemans' bet!
accept
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#8 alexnewbee

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Posted 29 August 2019 - 04:04 AM

Blu, what happened with -10% GLD? or is it still coming?


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#9 punter

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Posted 29 August 2019 - 05:34 AM

Blu, what happened with -10% GLD? or is it still coming?


Waiting for entry to long gold after my short yesterday.

Uncommon for equity index to move in same direction as gold at this moment.

Keep Calm and be Long

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#10 alexnewbee

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Posted 29 August 2019 - 06:12 AM

I would be careful with long gold here, we are due for a correction. Also sentiment and COT report suggest this.
"we do G.d's work" Lloyd Blankfein





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